Question: When testing a new treatment what is the difference between statistical significance and practical significance Can a treatment have statistical significance but not practical significance


When testing a new treatment what is the difference between statistical significance and practical significance Can a treatment have statistical significance but not practical significance Choose the correct answer below OA Statistical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use Practical significance is achieved when the result is very unlikely to occur by chance It is possible for a treatment to have statistical significance but not practical significance OB Statistical significance is achieved when the result is very unlikely to occur by chance Practical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use It is not possible for a treatment to have statistical significance but not practical significance OC Statistical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use Practical significance is achieved when the result is very unlikely to occur by chance It is not possible for a treatment to have statistical significance but not practical significance O D Statistical significance is achieved when the result is very unlikely to occur by chance Practical significance is related to whether common sense suggests that the treatment makes enough of a difference to justify its use It is possible for a treatment to have statistical significance but not practical significance
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